Cryptos we're my only way out of this rut that I've been in for the past fucking 20 years. Or so I thought.
I've spent every waking hours for the past 3 weeks studying everything from ta, general to advanced market theory, to obscure shit which only fell on its face every time I tried to apply it.
I've lost almost everything I put in.
Holding is a meme and wont make you rich in a million years unless you got in early.
I'm a friendless, depressed neet with a deadend job. And now I'm broke as well.
crypto markets are not working by normal schemes, more by ones described in books. It's fully manipulated by x entities.
Just fucken hold. Or in worst case scenario sell your kidney, I bet you would compensate your $$ loss + would save your life.
Noah Hill
>says holding is a meme >studying 3 weeks >3 weeks
Gr8 b8 though
Brayden Price
lol TA
Lucas Adams
So you didn't hold, you tried to day trade and got rekt.
Austin Wright
get some kneepads fucktard
Jack Parker
>HODLING is a meme >Thinks TA is a thing >Tries to trade in an unstable and volatile market such as crypto .
>>"why did I lose money?"
I think I found the source of your problems , you are retarded.
Kayden Ramirez
Nice bro, so now people are studying memes. How long before memeology becomes a major?
Joseph Lee
>says hodling is a meme >proceeds to lose all money with daytrading beautiful.
Christopher Diaz
(OP) >tfw I was like you just a month ago >tfw I earned my first bitcoin yesterday >tfw my rent is only 300€/month >tfw I'm a free man now
Sebastian Roberts
you should be studying game theory for your self and not just for crypto
Landon Hughes
u must be really special to lose 90% on three major coins lmao
Colton Garcia
lol I actually made more money in the casino than I did in crypto
Matthew Gomez
If you studied for 3 months, how come "only put in what you can afford to lose" appears to be a foreign concept to you?
Elijah Ortiz
>trying to use stock techniques for crypto >suprised it doesn't work
No shit. You need intuition and experience in this market, expect to get bit. And I rather hold then sell on a cheap coin that might moon years from now.
John Cook
>I have a job
Lincoln Watson
>neet with a job
Isaac Edwards
I half-assed it the last 3 months and am still at 60k, after I started with 10k. A month ago I was down to 4k. You need to find a good community and trade primarily with 2-4 week time frames. Don't DAYTRADE when you're a noob. Also if your REALLY studied and were up to date as much as you claim, then you should know that now is a really shitty time to be trading and that you specifically would be better off to wait in USDT until everything has blown over (after August 1st). Being well connected and having access to the opinions and advice of more experienced people is the most important thing in crypto IMO. Not through Twitter and Veeky Forums, but by being in a good chat group (Discord etc.)
Lucas Perry
Work from home.
Xavier Cox
sorry OP, you either got it or ya' don't.
Back to work.
Luke Lewis
You're right.
I've tried finding a good community and good traders to follow, but so far everything I've found has been filled with shills, fudders and traders who are sometimes even worse than I am.
Private trade groups cost money, and I don't have that either.
Oliver Perry
How can you possibly lose? Just buy the dip.
Cooper Lewis
its literally gambling because these coins arn't meant for fundamental analysis, they don't pay dividends, and they don't generate any cash flow
Juan Edwards
Any recommendations for game theory books, user?
Cameron Nguyen
Invest in Kneepads Coin
Ian Thomas
>its literally gambling because these stocks arn't meant for fundamental analysis, they don't pay dividends, and they don't generate any cash flow
Benjamin Sanchez
>Basketball was my only way out of this rut that I've been in for the past fucking 20 years. Or so I thought. >I've spent every waking hours for the past 3 weeks studying everything from dribbling, dunking, to obscure shit which only fell on its face every time I tried to apply it. >The NBA won't even call me back Ths is how silly you're being right now. Come on OP, it takes longer than 3 weeks to unfuck your shit. Drop the lottery mentality, keep studying, and hold your coins while you work on improving other part of your life.
Andrew Howard
THREE FUCKING WEEKS of hard work OP and youre still not rich? well fuck me, what a cruel world Id tell you to kys but since youre such a weak whining pussy you might actually do it...
Connor Russell
how 2 fix life for dummies
>ta is bullshit, random guesses are better >do research befor buying coin (whitepaper) >dont blow your bags when theres a 2% decrease >hodling is not a meme if u hodled 2000 bitcoins up till now you wouldnt be making this post >go outside >of your mom's basement >meet parents >dont be a downer >go to gym >ask bitches hey bbygrl wnt som fukk
if all else fails >don't fuck the world, divorce it and make it pay alimony (life insurance)
Jeremiah Diaz
You bought numeraire didn't you?
Well time to purchase some knee protection.
Tyler Garcia
1. Don't invest more than you can afford to flush down a toilet 2. Buy low, sell high 3. Hold if you BOUGHT LOW
Jackson Hill
>put lots of time in studying >past 3 weeks >Thinks this is sufficient to make money trading
KEK
If you put this little effort into everything else in your life no wonder you're in the situation you're in, stop trying to get rich quick and put some actual fucking work in
Kayden Campbell
Did you sell? If you haven't you are still fine, market will recover and you will have your money "back" nigger
Nathaniel Rogers
move to a legal place to grow pot and grow your as off op
David Wilson
Meanwhile I've been smoking weed and making a bunch of 1-4 percent trades. How is this even hard to you fucks?
William Carter
I did the same thing as OP
>FOMO'd in at $3000 BTC >OH SHIT IMA GOING DOWN WITH THIS SHIP >Learn TA, join twitter, find endless crypto news/watch sites >Find a good trading community >BTC is down 17% from ATH, im up 30% on initial investment
Problems were not
Wyatt Hall
You get caught out eventually. I've been doing it for a couple of weeks, and doubled my money, then got caught in Byteball when the dumping really started last night. Now I've got to wait, likely until the next distribution, for the price to be high enough for me to get out without taking a loss.
Christian Cox
>will recover false. it's clearly "recovering" right now to what makes some sense, which is far lower than people were buying at last month.
Jayden Lee
This, if you are gonna day trade then scalp scalp scalp at the start.
This way you execute a lot of trades in a short time and get familiar with the patterns and movements. Most of all you need to develop the discipline of curbing your greed and stopping losses.
Matthew Rivera
So you knew about the airdrop beforehand and didn't sell before it happened?
If so then this really is not the racket for you.
Evan Brown
A whole three weeks? You got the patience of the Dalai Lama bruv, amazing.
Joshua Diaz
anyone who states shit like this about a speculative asset is literally retarded. buy a CO detector
Ayden Baker
its why you set a stop loss moron. this is a bear market, stop losses are necessary. bull has been gone for 2 months.
Leo Wright
All crypto is controlled by like 4 or 5 chinks. Pause for a moment before you make your educated guess and make a trade... do the opposite. Don't let the chinks outsmart you.
Angel Martinez
I feel you OP. I got in at the tail end of this bull market. And got completely fucking rekt. Made quick money off ETH and ANS run up. Easy 9k in 2 weeks and thought wow this is easy I'm gonna be rich. Then just got fucking ass raped and now I'm way down my initial investment. Going to be hard to recoup to just break even.
It's got me pondering a bit and not looking at this whole thing through rose tinted glasses like before.
My advice? Find a good job and just treat cryptos more long term. It's hard when you come up so fast and a lot. Your brain gets wired to want that same thing. But it takes this to give a harsh reality check. I feel your pain bro trust me.
Jose Bailey
I'm done trading for now but managed to end with 3 btc and around $1k in ans and another $1k eth + mining it.
I honestly think ans could get me a lambo. About to put in another $4k soon
Aaron Turner
Byteball jumped 5% just now btw OP, no need to eat lead yet.
William Perry
This. Crypto is gambling BS
Bentley Walker
>> implying we're still not early
Ian Jones
Crypto isn't gambling if you stick to fundamental analysis.
Jackson Martinez
If you have 21 BTC, you will be rich as fuck by 2025.
If you don't have 21 BTC and you ignored crypto when I have been talking about it since 2011, you deserve to be poor.
Colton Davis
You got in too late OP. Dont worry though, bull markets always come back and Bitcoin will be worth 55k by 2019 anyway, not to mention the good alts will skyrocket too
Matthew Mitchell
fake coins backed by nothing being traded between nerds looking to fleece the next ponzi victim